Market Dynamics
Weekly Reports: Titanium Concentrate Prices (7/21-7/25)
Time: 2014-07-29 Source from: www.tio2.cn
Latest titanium concentrate prices in Panzhihua, Sichuan Province (46%) range from 610 to 640 yuan/mt, exclusive of tax.
Prevailing prices for titanium middlings in China range from 370 to 400 yuan/mt, exclusive of tax.
Market Forecast:
Several local factories suffered from Typhoon Rammasun which hit south China's Hainan Province last week, indicating great possibility of titanium concentrate shortage from Hainan province, Vietnam and India. However, due to weak demands from domestic titanium dioxide markets, ore prices are less likely to rise in the short term.